Selective Insurance Group (SIGI) Projected to Post Quarterly Earnings on Thursday

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Selective Insurance Group to post earnings of $1.59 per share and revenue of $1.32 billion for the quarter.

Selective Insurance Group (NASDAQ:SIGI - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The insurance provider reported $1.76 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.86 by ($0.10). The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.30 billion. Selective Insurance Group had a net margin of 4.70% and a return on equity of 8.06%. The company's revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.33 EPS. On average, analysts expect Selective Insurance Group to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Selective Insurance Group Price Performance

Shares of NASDAQ SIGI traded up $0.08 during mid-day trading on Thursday, hitting $86.41. 365,458 shares of the company's stock traded hands, compared to its average volume of 397,251. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.35 and a quick ratio of 0.35. Selective Insurance Group has a 1 year low of $78.13 and a 1 year high of $103.56. The company has a market capitalization of $5.25 billion, a P/E ratio of 23.54 and a beta of 0.48. The company's 50-day moving average is $87.07 and its two-hundred day moving average is $87.88.

Selective Insurance Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th were paid a dividend of $0.38 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.76%. Selective Insurance Group's dividend payout ratio is presently 41.42%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SIGI. Morgan Stanley raised their target price on shares of Selective Insurance Group from $85.00 to $90.00 and gave the stock an "equal weight" rating in a report on Monday, May 19th. Keefe, Bruyette & Woods dropped their price objective on shares of Selective Insurance Group from $93.00 to $92.00 and set a "market perform" rating for the company in a research note on Wednesday, April 30th. Wall Street Zen raised shares of Selective Insurance Group from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. Finally, BMO Capital Markets increased their price objective on shares of Selective Insurance Group from $92.00 to $96.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Selective Insurance Group presently has an average rating of "Hold" and an average price target of $94.00.

Insider Buying and Selling

In related news, CAO Anthony D. Harnett sold 1,352 shares of Selective Insurance Group stock in a transaction on Friday, April 25th. The shares were sold at an average price of $87.06, for a total transaction of $117,705.12. Following the sale, the chief accounting officer directly owned 15,946 shares in the company, valued at $1,388,258.76. This trade represents a 7.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Selective Insurance Group by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,627 shares of the insurance provider's stock valued at $19,555,000 after purchasing an additional 11,167 shares during the period. Focus Partners Wealth increased its stake in Selective Insurance Group by 17.9% in the first quarter. Focus Partners Wealth now owns 2,705 shares of the insurance provider's stock valued at $248,000 after purchasing an additional 411 shares during the period. Finally, Amundi increased its stake in Selective Insurance Group by 398.7% in the first quarter. Amundi now owns 389 shares of the insurance provider's stock valued at $36,000 after purchasing an additional 311 shares during the period. 82.88% of the stock is currently owned by institutional investors and hedge funds.

About Selective Insurance Group

Selective Insurance Group, Inc, together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. It offers casualty insurance products that covers the financial consequences of employee injuries in the course of employment and bodily injury and/or property damage to a third party; property insurance products, which covers the accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and flood insurance products.